Which design-day decision would tend to create the longest lines?
a. 5 percent
b. 10 percent
c. 50 percent
d. 90 percent
b. 10 percent
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When accounting for a fixed compensatory share option plan, a company must record which of the following on the date of grant?
A) a journal entry recognizing the common stock issued B) a journal entry recognizing the compensation expense C) a memorandum entry explaining the terms of the compensatory share option plan D) a memorandum entry of the expected annual compensation expense amount
Strategic control systems, both informational and behavioral, are used to correct the performance and ultimate strategy of a firm.
Answer the following statement true (T) or false (F)
One critical goal of knowledge management is to retain the valuable know-how that can so easily and quickly leave an organization. In this context, explain with examples what knowledge management systems refer to within an organization
What will be an ideal response?
Lexington Company engaged in the following transactions during Year 1, its first year of operations. (Assume all transactions are cash transactions.) 1. Acquired $6,000 cash from issuing common stock. 2. Borrowed $4,400 from a bank. 3. Earned $6,200 of revenues. 4. Incurred $4,800 in expenses. 5. Paid dividends of $800. Lexington Company engaged in the following transactions during Year 2: 1. Acquired an additional $1,000 cash from the issue of common stock. 2. Repaid $2,600 of its debt to the bank. 3. Earned revenues, $9,000. 4. Incurred expenses of $5,500. 5. Paid dividends of $1,280. Total liabilities on Lexington's balance sheet at the end of Year 1 equal:
A. $480. B. $4,400. C. $1,000. D. ($2,600).